Citic
Citic, officially known as China International Trust Investment Corporation, is a leading conglomerate headquartered in Beijing, China. Founded in 1979, Citic has established a significant presence across various sectors, including finance, resources, manufacturing, and real estate, making it a pivotal player in the global market. With operations spanning Asia, Europe, and the Americas, Citic is renowned for its diverse portfolio, which includes investment banking, asset management, and infrastructure development. The company’s unique approach to integrating financial services with industrial operations has positioned it as a market leader, achieving notable milestones such as successful international expansions and strategic partnerships. Citic's commitment to innovation and sustainable development further enhances its reputation, solidifying its status as a key contributor to economic growth in China and beyond.
DitchCarbon Score
How does Citic's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Services Auxiliary to Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Citic's score of 56 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Citic's reported carbon emissions
In 2024, Citic reported total carbon emissions of approximately 12,646 tonnes CO2e for Scope 1 and about 26,101 tonnes CO2e for Scope 2, resulting in a combined total of around 27,366 tonnes CO2e. This marks a slight increase from 2023, where emissions were approximately 10,633 tonnes CO2e for Scope 1 and about 26,208 tonnes CO2e for Scope 2, leading to a total of around 27,271 tonnes CO2e. In 2022, Citic's emissions were higher, with Scope 1 at about 14,667 tonnes CO2e and Scope 2 at approximately 31,531 tonnes CO2e, culminating in a total of around 32,998 tonnes CO2e. Citic has set ambitious climate commitments, aiming to peak carbon emissions by 2025 for both Scope 1 and Scope 2 emissions. Additionally, the company targets an 18% reduction in carbon emissions per unit of output by 2025 compared to 2020 levels. Long-term goals include becoming a pioneer in green and low-carbon development by 2060, fully integrating into a sustainable industrial system. Furthermore, Citic plans to achieve carbon neutrality in CITIC Tower by 2050 through various energy management strategies. In January 2024, Citic participated in national voluntary greenhouse gas emissions reduction transactions, purchasing 5,000 tonnes of China Certified Emission Reduction (CCER) to offset emissions from its daily operations. These initiatives reflect Citic's commitment to reducing its carbon footprint and contributing to global climate goals.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 1,466,730 | 0,000,000 | 0,000,000 |
| Scope 2 | 31,530,900 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Citic is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
